+41 more
1,632 sqft
Living Area
835 sqft
Lot
1976
Year Built
About This Property
This multi-family in Saint-Louis-De-Kent offers 1,632 sqft of living area on a 835 sqft lot. Built in 1976, 2 storeys. The property has lot dimensions of 835. The home features laminate and vinyl flooring, heat pump, baseboard heaters, electric heating, heat pump.
MLS Remarks
ATTENTION INVESTORS... 11% Cap Rate... Turnkey multi-unit opportunity in the center of Saint-Louis-de-Kent. This property features 5 fully occupied rental units consisting of 2 × 2-bedroom units and 3 × 1-bedroom units, delivering immediate, stable income. The three lower units are newly constructed, reducing near-term capital expenditure and increasing long-term durability. Two of these units operate under a government housing contract, providing guaranteed rent, which strengthens cash flow reliability and lowers vacancy risk. Located directly on Rue Principale, tenants benefit from walkable access to grocery and hardware stores, making this a highly practical rental location. Lifestyle convenience adds to tenant retention: 2 minutes to Tim Hortons and only 5 minutes to the beach. This is a rare chance to acquire a stabilized asset in a tight local rental market with a blend of new construction, government-backed income, and strong unit mix. Ideal for investors seeking dependable returns in a growing coastal community. (id:60351)
Overview
Property Typeresidential
Looking for Something Similar?
We can help you find properties matching your criteria, including exclusive listings not yet on the market.
Save favorites, track showings, view sold data & get market alerts — Free account — 100% free
